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What did Dr King do to earn Nobel Prize?
He received the Nobel peace price for his work in racial segregation and racial discrimination,through out the civil rights movement
How are general discrimination and institutionalized discrimination?
Discrimination is identifying and acting on the differences among people. Almost all discrimination is lawful and useful. Statutes prohibit employemtn discrimination and lending discrimination based SOLELY on race, color, religion, disability, age, veteran status, ancestry, and bankruptcy. Every other factor is lawful."Institutional discrimination" is a buzzword for "we can't find a shred of illegal discrimination, but we still don't like the decision".
Was there discrimination during the Revolutionary War?
No, there was only discrimination in the civil war.
Discrimination against Native Americans?
Discrimination was like the trail of tears it was bad
Does the bill of rights prohibit discrimination on race sex or religion?
The first amendment prohibits discrimination of religion and the 19th amendment prohibits discrimination of sex.
Price discrimination is indistinguishable from dumping?
Price discrimination is indistinguishable
Why would a firm practice price discrimination?
price discrimination allows companies to defend
What is fast food level of price discrimination?
Price discrimination is when the identical fast food item is sold for a different price depending on which store you purchase from. Typically, the level of price discrimination is higher from state to state and about the same for stores located in the same city.
What is the evidence of price discrimination at a local bar called the Stabilizer?
Which would be evidence of price discrimination at a local bar called the Stabilizer
What has the author Harry L Shniderman written?
Harry L. Shniderman has written: 'Price discrimination in perspective' -- subject(s): Price discrimination
Why America succeed to implement the affirmative action?
America succeeded to implement the affirmative action because it had great support from the citizens. The main aim was to help curb discrimination in America.
What are the advantages and disadvantages of price discrimination to consumers and producers?
An advantage to price discrimination to producers is that firms will be able to increase sales. A disadvantage to consumers is that it can cause things to cost more.
How would price discrimination benefit you?
If you were the recepient of the increased prices.
What are assumptions of price discrimination?
>The idea of price discrimination is to transfer the consumers profit to producers>Firstly there should not be any close substitutes available, because then people might use them instead. So price discrimination can occur in monopoly >Secondly the producer must keep the market separate, so that no resale of the product is possible>Thirdly two markets with different elasticity of demand. Price discrimination is successful when costs do not rise when selling on different markets
Price discrimination is prima facie evidence of what economic condition?
monopoly
Under which conditions is price discrimination possible?
discriminating possible and profiable
What is pricing discrimination?
Price discrimination is the practice of charging the highest price to different consumers. This is so that the firm can maximize the revenue it receives for the goods it produces. Price discrimination is mainly for markets that are monopolistic, or oligopolistic. In these kinds of markets the firm has to decrease price in order to sell more of the good because they are the only supplier. Because of this marginal revenue is derived from the demand but the profit maximization condition is still marginal cost equals marginal benefits but marginal benefits does not equal the demand curve. The firm wants to price discriminate in order to avoid the decreased revenues because of the lost revenue because they have to decrease prices to get more consumers. One of the biggest problems in practicing price discrimination is that the firm needs perfect information in order to maximize the returns to price discrimination. Finding this information could be very costly to obtain, or could be realistically impossible to obtain.
